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Search Results 0 to 36 of about 37 (some duplicates have been removed)
Dec 6, 2012 1:00pm PST
in order to avoid going over the fiscal cliff? john boehner's already $800 billion in increased tax revenue, not necessarily raising the marginal tax rate on the wealthy, but capping deductions, limiting loopholes, are you with the speaker of the house on that? >> unfortunately, wolf, the policies of president obama have already taken us over the cliff. if you meet with businesses like i do all the time, they've already paired back plans for next year anticipating what's going to happen. we can fix this christmas eve if we want, but we've already hurt the economy and job growth. >> are you with boehner? >> i'm not with boehner. this government doesn't need anymore money. this country needs less government. we're going to have historic levels of revenue to the government this year. >> everyone's taxes are going up at the end of the year if there's no deal. >> we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise as f
Dec 5, 2012 7:00am PST
. >> reporter: on his first view sbr interview on the fiscal cliff, he rejected john boehner's proposal. >> unfortunately the speaker's proposal is out of balance. >> reporter: raising taxes on households earning more than $250,000. >> we'll have to see the rates on the top 2% go up. we're not going to be able to get a deal without it. >> reporter: republicans want smaller tax increases overall and no movement on higher income tax rates. they want to cut unnamed tax bre breaks and deductions, which they say will do more to boost economic growth. the white house considers the proposal and economic rationale behind it laughable. >> we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> reporter: republicans answered back ba-humbug. >> this is absolutely not serious and the administration knows it. >> reporter: six governors, three from each party, met the president and said acid they believe business leaders in their states won't invest and hire until a deal gets done. >> until this gets resolved in a way that's not
Dec 7, 2012 2:00am PST
men left standing between all of us and the fiscal cliff. in 25 days america goes over the edge. that's when severe tax hikes and cuts in spending begin. according to the "new york times," john boehner has asked democratic leaders to step aside so he and the president can attempt to negotiate a deal one-on-one and no one is objecting. paul steinhauser is live from washington. paul, you got some new polling for us. what do americans want to see in a deal? >> it's interesting what they want to see and what they don't want to see. one of the biggest sticking points between democrats and republicans over averting the fiscal cliff is raising taxes on those making over $250,000 a year. look at this from quinnipiac university, the question was asked are you okay with that? 65% say they support such a move to avert the fiscal cliff. this is the third poll over the last two weeks to show the same thing, that most americans are okay with raising those taxes on incomes over $250,000 a year. go to the next screen, there's a partisan divide here. this explains why most republicans are dead set aga
Dec 4, 2012 10:00pm PST
cheer stops right there. as john boehner fights over the fiscal cliff with democrats and the president, he is cracking down now on some house conservatives that he thinks are a bit too free spirited. john boehner kicked two republicans off the house budget committee. he got rid of another two on the financial services committee. all four voted against the 2011 debt ceiling deal. the two on the budget committee voted against paul ryan's budget. the chairman of the budget committee. speaker boehner issued these punishments with the full support of the republican leadership including the majority leader eric cantor and majority whip kevin mccarthy. jonathan capehart, this is fascinating. i am interpreting this as a positive thing for president obama and the democrats in an attempt to at some point either before or after going off the cliff, reaching some kind of deal with boehner. what boehner's message seems to be to these conservatives willing to vote for something because it is not conservative enough. i need better team players if i'm going to walk back from the white house with a dea
Dec 10, 2012 4:00am PST
up next. >>> president obama, john boehner, if they reach a deal on the fiscal cliff, maybe it has nothing to do with politics. according to "snl," the president feels really, really bad for the speaker. a clip of that, pretty funny. straight ahead. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card wh
Dec 5, 2012 4:00am PST
speaker john boehner's plan to avoid the fiscal cliff. >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: the speaker's plan would raise $800 billion in tax revenue. but does so without raising tax rates for top income earners. the president says that's unacceptable. >> we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> reporter: republicans, like rising star senator marco rubio, say raising taxes on the wealthy is the wrong approach. >> the tax increases he wants would fail to make even a small dent in the debt. it would hurt middle-class businesses and the people who work for them. >> reporter: so, that's the major holdup, taxes. republicans and democrats deeply divided. >> there's nothing going on privately that's not going on public. >> reporter: amidst the political posturing, there may actually be a chance for compromise on medicare. president obama says he's open to raising the age when seniors can start receiving benefits, from 65 to 67. according to one study, that would save
Dec 9, 2012 2:00pm PST
to discuss the officials of the fiscal cliff. we're just days before the congress and the white house has to hammer out a deal or everyone's going to suffer the consequences. emily, what have you learned about today's meeting? >> allison we know that today's meeting was not on the schedule today. so that means we have to rely on the word from the white house deputy press secretary and a congressional staffer which happens to be the exact same words. they released two separate statements, both identical and this is the statement. it says this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff. we're not reading out details of the constitution, but the lines of communication remain. on wednesday, you'll remember a source familiar with the conversation said they did speak by phone, at that point it was the first time in a week they had done so. no reported breakthrough then. and then on monday, the president and speaker were at the same event together. it was a black tie congressional ball at the white house. but republican and d
Dec 11, 2012 6:00am PST
on the fiscal cliff. president obama and house speaker john boehner met privately sunday in a surprise meeting, but they're not commenting much in public on whether there's been much progress. joining me now is political science professor and political chief correspondent for politics 365, jason johnson, and republican strategist, ron bon john. some say the fact that we're not hearing much of washington is a good sign, and in this case, silence is golden. you guys agree? >> yeah, i definitely do. look, one of the things that we've got to realize here is that the more that this fight takes place in public, the less is being done behind closed doors, because everyone feels that they have to justify the public rhetoric. so i think that we have two silences going on. there's barack obama and john boehner working things out and the republicans realizing that they've got to find a way to negotiate. so silence is golden for christmas season. >> do you agree, ron bonjean? >> yes, i completely agree. i think that silence is best. and right now while they're figuring out how to put a deal together, i th
Dec 12, 2012 7:00am PST
to averting the fiscal cliff. president obama telephoned house speaker john boehner tuesday afternoon.rnoo sources describe the exchange as tense. at issue a new republican budget budg proposal, one that came after mr. obama sent an offer to mr. boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse boehner's described it as unrealistic and said the tax revenue was "a red herring." the top senate democrat doubted a fiscal cliff deal would be l cli wrapped in time for christmas. >> i think it's going to be extremely difficult to get it done before christmas. >> reporter: speaker boehner is meeting at this hour with house republicans. despite all
Dec 12, 2012 4:00am PST
steps to avoid the fiscal cliff. they spoke by phone again last night. but still doesn't appear to be any closer to a deal. >>> the governor of michigan has signed that controversial, new law which limits the influence of organized labor in the state. hundreds of union workers had protested the legislation ahead of the governor's action. michigan joins 23 other states with so-called right-to-work laws. those laws ban requirements that nonunion employees pay union dues for negotiating contracts and other services. >>> well, drug smugglers have found a pretty creative new way to get contraband into the u.s. they use a gas-powered canon to shoot dozens of cans of marijuana across the mexican border into arizona. unfortunately for them, border patrol agents got to the drugs before their buddies. they picked up 85 pounds of pot. in all, worth more than 40,000 bucks on the streets. >> they're resourceful, to say the least. >> yep. >>> time, now, for the weather from across the nation. another stormy day in florida, with heavy rain and gusty winds from miami to orlando. showers to the
Dec 7, 2012 3:00am PST
to avert the fiscal cliff. there has been an epidemic of open-mindedness as republicans try to win minority votes and create a version of their party that can be competitive in states like connecticut and california. the republicans may still blow it. if president obama is flexible and they don't meet him part way, republicans would contribute to a recession that would discredit them for a decade. but they are moving in the right direction and moving fast. these are first steps, and encouraging ones. >> really encouraging. and it's not just what they're saying. it's how they're saying it. eric cantor came on. we've all, i think at times, even i as a conservative, who would vote probably along with eric cantor 99% of the time. saw him at times over the past couple years being a bit more obstructionist than i think was good for the party. i thought i loved his tone the other day. what did he focus on? he focused on jobs, on proving that conservatism actually helped all americans, not 53%, not 47%. and yesterday when i talked to jim demint on the phone, i expected to hear one thing. instead i
Dec 6, 2012 2:00am PST
stories. >>> president obama and house speaker john boehner chatting by phone about the fiscal cliff. no details or word of progress or future talks with just 26 days remaining to get a deal done. another prominent republican is breaking ranks. tom coburn, a leading conservative and fiscal hawk saying he'd prefer raising taxes on the wealthy as a way to raise revenues. >>> a bitter turf war between twitter and instagram elle cl escalating. no one on twitter will be able to see the images posted on instagram. instagram's goal is getting people to post more photos on their site. >>> a man cannot have any more children until he shows proof that he can actually afford those children. 44-year-old corey curtis is charged with failure to support two of the nine children that he's fathered with six women. he owes $85,000 and says he is ready to abide by the judge's order. >> good idea. >> all right. the grammy nominations announced in style with a star-studded concert, jay z and kanye west were among the six artists tied for the most nominations, six apiece. the grammy awards ceremony, music
Dec 5, 2012 1:00pm PST
respondespo -- >> today, president obama and john boehner spoke by phone about the fiscal cliff negotiations, but there is no progress. they still have a stand off over the rates. the president still wants to raise rates on the top 2% of americans. the speaker is not moving on that position. this comes on the same day that secretary geithner made it clear in language they have not used before, just how far they're willing to go in the administration to stand by those terms. >> is the administration prepared today go over the fiscal cliff? >> absolutely. there is no agreement without those rates going up on the top 2%. and they all get a tax cut on the first $250,000 of their income. >> reporter: so wolf, it's a step forward that they're talking, but in essence, where we stand right now, it's still a stalemate. >> any indication that the vice president, secretary of treasury, others are talking with top people on capitol hill? meeting face to face and going through these items line by line? >> reporter: my understanding is that the white house is not going to start negotiating the details unt
Dec 10, 2012 11:00am PST
specifically about avoiding the fiscal cliff. we are mere weeks from that, you know, basically kicking in, first of the year. that's when everyone's taxes would be going up. that happened just yesterday. and also you have all these pro union protests happening not too far away in lansing, michigan. we have a correspondent there as well. we'll talk to here. jessica yellin to you in washington. and, first things first, you think here michigan, you think the birth place of unions and you think about all these people who are very frustrated with this, everything i read, it seems to be pretty much a done deal, this right to work legislation, that the governor has indicated he would sign. these are the folks who helped elect the president not too long ago. should the president step in and go to bat for them? >> well, you know, the unions have been enormously supportive of the president as you point out. not only during this campaign, not only as foot stole jer sold helping get out the vote, but also financially with their dollars. the white house already expressed its support for the unions opp
Dec 11, 2012 7:00am PST
. no discernible progress toward breaking the fiscal cliff stalemate. mr. obama left that drama behind and told supporters in suburban detroit the fiscal cliff is serious business. >> if congress doesn't act soon, meaning in the next few weeks, starting on january 1st, everybody's going to see their income taxes go up. >> reporter: boehner and house republicans want to preserve all the bush era tax rates due to expire at year's end, shielding everyone from a tax increase. mr. obama wants to raise them for households earning more than $250,000 a year. he has so far resisted gop demands for spending cuts to health care or education. >> i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> reporter: even so, democrats worry mr. obama might cave to republicans, their biggest fear, the president will do what he considered in 2011, raise the eligibility age for medicare, a top house democrat monday warned the white house to tread lightly. >> now that would save a lot of mo
Dec 7, 2012 4:00am PST
's up to two men to try to keep america from going over the fiscal cliff. 25 days and counting from the massive tax hikes and spending cuts. congress breaking in a week for the holiday. so john boehner trying to simplify things. he's asking top democrats and republica republicans to step aside so he can negotiate with the president one-on-one. it seems to be a request that everyone was able to live with. brianna keilar is live for us at the white house. if this is the case that everybody has been cleared out of the room, does that surprise you? it seems to make sense to me. >> reporter: it's not surprising at all. this is what observers of this process thought would happen all along. ultimately this was a process that would come down to president obama and house speaker john boehner brokering a deal. very much the way you saw they attempted to do during the debt ceiling debacle last year. it simplifies the problem of less cooks in the kitchen. then they will have to sell it. president obama would have to bring in democrats. john boehner would have to bring in his republicans and mak
Dec 7, 2012 1:00pm PST
. >> as for the fiscal cliff, there appears to be a momentary break in the clouds when john boehner said he would be open to a tax rate increase on wealthier americans, just what the president wants. >> there are a lot of things possible, but none of it will be possible if the president insists on his position, insists on my way or the highway. hours later boehner put out a statement saying as i've said many, many, many times, i oppose tax rate increases because it cost american jobs. that has not changed and will not change. democrats say that just won't work. >> could it be because the republicans are holding the middle income tax cuts, as they have all along, hostage to tax cuts for the wealthy. >> after a week where republicans and the house and senate signal a willingness, one senator came up with another solution. >> all of the republicans in the house vote present, let democrats raise taxes as high as they want, let the president sign it and they can own a tax increase. >> the uncertainty over the increase could stop it dead in it's tracks. >>> we've seen a number of companies say it's not their w
Dec 10, 2012 7:00pm PST
's going to happen. >> with the fiscal cliff just 22 days away. >> we're down to the final three weeks. >> the president is on the move. >> i'm willing to compromise a little bit. >> president obama on the ground in michigan. >> i will work with republicans. >> delivering a speech at an engine manufacturing plant. >> i'm willing to compromise a little bit. >> i'm willing to compromise a little bit. >> they are ready to make a deal. >> they are ready to make a deal on tax rates. >> republicans know that they have to give on taxes. >> i don't think there's a republican alive who can stop what is happening. >> senator corker has nailed this one. >> the leverage is going to shift. >> you have to have leverage. >> we don't have the leverage. the power isn't there. >> could a secret meeting seal the deal when it come to the fiscal cliff? the white house says it can happen. >> president obama and speaker boehner sit down at the white house. >> their first one on one in three weeks. >> the heavy lifting is going to have to happen this week. >> if this week goes bad -- >> this week is going to
Dec 6, 2012 4:00am PST
of the fiscal cliff. >> we don't want to see our public hurt in any way. >> just down the road in washington, d.c., the standoff continues. house speaker john boehner says he's still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> i'm going to need a response from the white house. we can't sit here and negotiate with ourselves. >> the president and boehner spoke on the phone wednesday, but republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person, here on capitol hill or at the white house, there will be no deal without a compromise on taxes, something that does not appear likely any time soon. >> an obsession to raise taxes is not going to solve the problem. >> treasury secretary timothy geithner said the white house is absolutely willing to go over the fiscal cliff if the gop doesn't agree to raise taxes on the top 2% of earners. while a handful of republicans appears willing to concede that point, the party's position seems unchangeable. >> speaker boehner
Dec 7, 2012 7:00pm PST
equality. >> this isn't a progress report because there is no progress to report. >> fiscal cliff negotiations. >> one-on-one right now. >> are now a party of two. >> the two most important players. >> the president and the speaker. >> president obama and house speaker john boehner. >> a two-man operation. >> there is no progress. >> we are seeing progress. >> there is a jobs report today. >> unemployment down to 7.7%. better than expected. thank you very much. >> we dropped a whole point in a year. >> there is no progress. >> members of congress are always upset. >> they are taking us to the cliff. >> the momentum is with the president. >> republicans are totally over the barrel. >> did you say over? >> they should give in to obama on the tax rate? >> nothing is over until we decide it is! >> we didn't elect them to raise rate. >> not me! >> we don't have a revenue problem. >> i'm not going to take this. >> when are you going to fight? >> let's do it! >> how is that winning? that isn't winning. >> i don't think republicans will win. >> south carolina senator jim demint -- >> jim
Dec 11, 2012 2:00am PST
fiscal cliff talks with the white house. on capitol hill for one day at least, all was pretty quiet. posturing and finger pointing kind of stopped. cnn political reporter shannon travis joins us now live from washington. what's the the latest on the talks or the silence? >> the silence seems to be golden, john. remember last week when all the players involved seem to be posturing and positioning and talking about negotiations? not so much, at least in the past few days. we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republi
Dec 12, 2012 4:00pm PST
23 days away from the fiscal cliff and we're still seeing the wheeling and the dealing, behind closed doors, though. one senior republican senator says he has had enough of all the secrecy and he's coming outfront with us to talk about it. plus, some new details in that portland area mall shooting. we're going to give you a first look at the man that police say was responsible. they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus,
Dec 10, 2012 3:00am PST
the fiscal cliff. meanwhile, we will talk about at the top of the hour, in one day on friday, republican legislators in michigan forced through right-to-work legislation, destroying labor unions in a state that labor built, but unions are getting organized. they are going to be big -- there are going to be big protests and they are they say they will not allow them to get away with this. we will talk about that. the latest. today's current news update from lease a ferguson out in los angeles. hi, lisa. good morning. >> hey, bill. good morning, everyone. big banks are in for another round of trouble thanks to a fresh waves of lawsuits facing claims they sold more than $1 trillion of bond securities backed by home mortgages. banks have paid tens of billions of dollars to settle other lawsuits and some in the industry fear they are facing up to another $300,000,000,000 in losses. many homeowners and investors could argue they deserve a payout from the banks after seeing their mortgages collapse during the financial crisis but economists say those costs cou
Dec 12, 2012 1:00pm PST
's right. we could hit another recession if we go over the fiscal cliff. >>> shoppers that dive for cover as a gunman opens for cover in an oregon mall. we're going to give you the latest details, including the newly released identity of the man. >>> internet pioneer john mcafee is on his way back to the united states. kate bolduan is monitoring that story and others. >> guatemala officials escorted him to the airport and he boarded the plane to miami after a deportation order from guatemala. he is wanted for questioning in belize over the death of a neighbor. we've been following his story pretty closely. mcafee was held in guatemala for a week. he made his fortune from the anti-virus software that bears his name. >>> also, jacob tyler roberts was the lone gunman in the shooting at the clackamas town center mall. they say roberts was armed with a semiautomatic rifle. take a listen. >> it appears that the suspect's rifle did jam while he was attacking people in the food court. however, he was able to get it working again. clackam clackamas town center had a lockdown procedure and they did
Dec 11, 2012 1:00pm PST
leaders sent over a counteroffer to the white house on the fiscal cliff negotiations. we don't know what's in the counteroffer. we don't know what president obama and john boehner actually discussed. we only know that they did have a phone conversation which potentially could be a sign of some progress. we're monitoring what's going on. earlier in the day the house speaker john boehner accused the president of deliberately holding up negotiations by refusing to provide details of his cost savings plan. >> where are the president's spending cuts? the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. >> let's get more with the former treasury secretary during the clinton administration robert rubin joining us now. mr. secretary, thanks very much for coming in. >> happy to be here, wolf. >> where are the white house proposals for spending cuts? i know they want to spend a lot of time in terms of raising tax revenues but why not come up with a specific plan for what the republicans say they now need spending cuts. >> basically the president has
Dec 10, 2012 7:00am PST
left until the fiscal cliff, but there's signs this morning the stalemate in washington is starting to break. >> and that's good news for both sides of the aisle. president obama and house speaker john boehner met face to face sunday for the first time in nearly a month. major garrett is at the white house with where things stand this morning. >> reporter: speaker boehner has told the white house and his fellow house republicans he wants the outlines of a fiscal cliff deal no later than this saturday. and if that's to be achieved, events of this past weekend may have proved piftal. obama and boehner met here at the white house sunday, and that meeting left both hopeful those subsequent conversations at the staff level achieved little apparent progress. even so, the president extended the invitation to boehner friday after boehner, for the first time in a press conference, publicly at least hinted he might be open to raising the top income tax rates on the top 2% of american household income earners. that may have cleared an opening for the president and boehner if that did, in fact,
Dec 7, 2012 6:00am PST
with reporters in an hour. the event comes with just 25 days until that fiscal cliff deadline. both sides of the aisle resumed talks thursday. first time that's happened all week. and comes and comes one day after president obama and speaker boehner talk bid telephone. >>> in japan a tsunami warning has been lifted. a 7.3 magnitude quake struck at sea 300 miles from tokyo. a small tsunami was triggered while a building shook in the capital city. happened almost in the same area along the northeastern coast devastated by a earthquake two years guy. >>> attorneys for george zimmerman are suing nbc universal for characterization of him in reporting on the trayvon martin shooting death. lawsuit claims nbc edited 911 recordings to make it appear that zimmerman was racist. nbc says it disputes the accusations and plans to defend itself in court. >>> on every flight, you have to power down your gadgets before takeoff and landing. but -- could that be changing? you might be surprised who is leading the charge. [ nyquil bottle ] hey tylenol, you know we're kinda like twins. [ tylenol bottle ] we a
Dec 12, 2012 9:00am PST
. >>> republicans and democrats continue to battle over how to aavoid this fiscal cliff. many of us and many of you standing behind the president when asked who was handling the crisis better, 49% support president obama and the democrats while only 25% support house speaker john boehner and the republicans. so if there's no deal and the tax hikes and spending cuts take effect, we feel the impact. christine romans sat down with this panel for a report on the bottom line. here's part of the conversation she had with a working mom, small business owner and a woman looking for work. >> i have a household to run. still have rent and bills to pay, and i need help. i need help. >> three kids? >> yeah. >> how old are your kids, 23, 18, and 11. >> what do you tell them when they see the economy in front of them and hear all this fighting in washington about the fiscal cliff. you've been looking for a job for more than six months now. are you more optimistic or less than things will turn around next year? >> i believe it's going to turn around. it will probably take a little time, but i think it will. >> yo
Search Results 0 to 36 of about 37 (some duplicates have been removed)